A “notable shift in investor sentiment” is underway in the crypto markets, with new data showing institutional capital is now flowing into Ethereum at a faster rate than into Bitcoin.
A “notable shift in investor sentiment” is underway in the crypto markets, with new data showing institutional capital is now flowing into Ethereum at a faster rate than into Bitcoin.
Ethereum investment products registered $226 million in inflows for the week ending July 4, 2025, extending their inflow streak to 11 consecutive weeks. Total assets under management (AuM) for Ethereum products now stand at $15.86 billion, according to the latest CoinShares .
The key indicator of this rotation is the rate of new investment relative to the total assets under management (AuM). Over the past 11 weeks, new inflows into Ethereum products have averaged 1.6% of its AuM, more than double the Bitcoin’s 0.8% during the same period.
During this period, Ethereum products have added nearly $2.85 billion, compared to Bitcoin’s total inflow of $15.7 billion year-to-date.
Bitcoin products recorded $790 million in inflows this past week, slowing from an average of $1.5 billion over the previous three weeks. While Bitcoin remains dominant with $164.18 billion in AuM, the relative momentum appears to be favoring Ethereum.
Bitwise CIO Matt Hougan recently told Bloomberg that Ethereum spot ETFs could attract $5–10 billion in their first year, once approved. The SEC has already signaled progress by releasing plain-English guidance for issuers on July 2, with further regulatory updates expected by autumn.
Total weekly inflows into digital asset investment products hit $1.04 billion, marking the 12th consecutive week of positive flows. This brings total year-to-date inflows to $18.96 billion. The total AuM across all products rose to a record high of $188.16 billion, driven by both new investments and asset price increases.
U.S. funds accounted for $1.02 billion of the inflows, dominating the global market. Germany followed with $38.5 million, while Switzerland saw $33.7 million. In contrast, Canada, Brazil, and Sweden recorded weekly outflows of $29.3 million, $9.7 million, and $19.2 million, respectively.
Grayscale Investment products saw $46 million in weekly outflows, continuing a year-to-date trend that totals $1.7 billion in withdrawals. Meanwhile, iShares ETFs recorded $436 million in weekly inflows, pushing their YTD total to $17.5 billion and AuM to $81.4 billion.
Fidelity and ARK 21Shares also saw strong flows, with $248 million and $160 million added respectively. Bitwise Funds recorded $65 million in new investments.
Solana and XRP also attracted capital this week. Solana products gained $21.6 million while XRP saw $10.6 million in inflows. Sui, Cardano, Litecoin, and Chainlink followed with lower but positive numbers. Multi-asset products, however, saw $12.4 million in outflows.
